ContourGlobal - GLO Share Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ContourGlobal in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLO, but not buy additional shares or sell existing shares.
View GLO analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month target prices for ContourGlobal's shares. Their GLO share price forecasts range from GBX 215 to GBX 215. On average, they predict the company's stock price to reach GBX 215 in the next twelve months. This suggests that the stock has a possible downside of 14.3%.
View analysts price targets for GLO or view top-rated stocks among Wall Street analysts.

ContourGlobal's stock was trading at GBX 251 on January 1st, 2023. Since then, GLO shares have increased by 0.0% and is now trading at GBX 251.
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ContourGlobal announced a dividend on Friday, October 28th. Stockholders of record on Thursday, November 10th will be given a dividend of GBX 4.22 per share on Friday, November 25th. This represents a dividend yield of 1.66%. The ex-dividend date is Thursday, November 10th. This is a positive change from the stock's previous dividend of GBX 4.05. The official announcement can be seen at this link.
Read our dividend analysis for GLO.

ContourGlobal (LON:GLO) pays an annual dividend of GBX 0.18 per share and currently has a dividend yield of 6.25%. GLO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 79.84%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLO.

Based on aggregate information from My MarketBeat watchlists, some companies that other ContourGlobal investors own include Johnson & Johnson (JNJ), Main Street Capital (MAIN), Bank of America (BAC), TechnipFMC (FTI), Phillips 66 (PSX), Invesco QQQ Trust (QQQ), STORE Capital (STOR), Arbor Realty Trust (ABR), Alaska Air Group (ALK) and InfraCap MLP ETF (AMZA).

ContourGlobal trades on the London Stock Exchange (LON) under the ticker symbol "GLO."

Shares of GLO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of GLO stock can currently be purchased for approximately GBX 251.

ContourGlobal (LON:GLO) has a market capitalization of £1.65 billion and generates £2.57 billion in revenue each year.

The company employs 1,518 workers across the globe.

ContourGlobal's mailing address is 6th Floor 15 Berkeley Street, LONDON, W1J 8DY, United Kingdom. The official website for the company is www.contourglobal.com. The company can be reached via phone at +44-20-73557321.